Israel Mobile Phone Accessories Market by Type (Battery, Headphone/Earphone, Portable Speaker, Charger, Memory Card, Power Bank, Battery Case, Protective Case, Smart Speaker, Screen Protector, Smart Watch, Fitness Band, AR & VR Headset, Mount & Stand, Cables, Selfie Stick, Pop-Socket, and Car/Bike Holder), by Distribution Channel (Offline and Online), by Sales Category (Branded, Third Parties, And White Labels/No Name Brands), by Sales Channel (Multi-Brand Store And Single Brand Store), by Usage (Android and iPhone) – Opportunity Analysis and Industry Forecast, 2024–2030
Industry: Retail and Consumer | Publish Date: 12-Apr-2024 | No of Pages: 162 | No. of Tables: 124 | No. of Figures: 89 | Format: PDF | Report Code : N/A
Speak to Our Analyst
Market Definition
Israel Mobile Phone Accessories Market size was valued at USD 467.9 million in 2023, and is predicted to reach USD 606.0 million by 2030, at a CAGR of 3.2 % from 2024 to 2030. Also, the Israel mobile phone accessories market size was 15.0 million units in 2023, and is predicted to reach 23.9 million units by 2030, with a CAGR of 6.2% from 2024 to 2030. Mobile phone accessories encompass additional items or devices crafted to elevate the functionality, safeguarding, or aesthetic appeal of mobile devices. These accessories serve as optional enhancements that users can procure to customize, safeguard, or amplify the capabilities of their mobile gadgets.
They encompass a wide array of products such as cases, screen protectors, chargers, power banks, headphones, earphones, Bluetooth speakers, stylus pens, car mounts, selfie sticks, and various adapters and cables. Addressing a myriad of needs and preferences, mobile phone accessories range from practical utility to fashion and personalization, offering users the freedom to customize their mobile experience in alignment with their lifestyle and specific requirements.
The Increase in Adoption of Smartphones Drives the Growth of the Market
The increasing adoption of smartphones on a global scale significantly impacts the mobile phone accessories market in the Israel. As more individuals in the region incorporate smartphones into their daily routines for communication and entertainment purposes, there is a noticeable surge in demand for accessories that complement and enhance these devices. This trend is propelled by several factors. Firstly, the extensive user base of smartphones drives overall market growth, creating a larger pool of potential customers seeking accessories such as cases, screen protectors, chargers, and headphones.
Moreover, the regular cycle of smartphone replacement and upgrading contributes to a continuous demand for compatible accessories, as consumers seek new add-ons that align with their latest device models. Additionally, the desire for protection and personalization encourages consumers to invest in accessories that safeguard their devices from damage while reflecting their unique style preferences. The diverse range of smartphone models and brands available in the Israeli market further boosts accessory demand, as manufacturers strive to cater to the specific requirements of flagship devices, mid-range smartphones, and budget-friendly models alike.
Furthermore, regional disparities in smartphone adoption rates, particularly in emerging markets within the Israel, create opportunities for tailored accessory offerings that resonate with local consumer preferences and purchasing power. Overall, the increasing prevalence of smartphones in the Israel serves as a catalyst for innovation, expansion, and diversification within the mobile phone accessories market.
Growth in E-Commerce Sector Propels the Market’s Growth
The expansion of online retail platforms has significantly reshaped the mobile phone accessories shopping experience in the Israel. With the convenience of e-commerce, consumers now enjoy unparalleled access to a wide range of accessories, spanning from cases and screen protectors to chargers and headphones. This surge in online retail has democratized the market, enabling smaller brands and niche players to compete alongside established manufacturers.
Furthermore, the emergence of mobile shopping applications and optimized websites has simplified the process of purchasing accessories, making it as easy as a few taps or clicks, thereby accelerating market expansion. E-commerce platforms also facilitate seamless comparison of products, access to customer reviews, and the ability to locate the best deals, empowering consumers to make well-informed purchasing decisions.
Additionally, the global reach of e-commerce enables mobile phone accessory manufacturers to explore new markets and demographics, broadening their customer base beyond traditional retail boundaries. As e-commerce continues to evolve and innovate, its influence on the mobile phone accessories market in the Israel is poised to deepen, propelling further growth and shaping consumer preferences in the foreseeable future.
Compatibility Challenges and Fragmentation in the Phone Accessories Market Hinder the Market Growth
The presence of diverse smartphone models and brands, each with unique designs, sizes, and specifications, presents a considerable obstacle for phone accessory manufacturers. Guaranteeing compatibility across a broad spectrum of devices necessitates ongoing investment in research and development, alongside rigorous testing protocols.
Furthermore, the swift pace of technological progress and frequent updates to smartphone models exacerbate product fragmentation, rendering it difficult for companies to stay abreast of the latest device releases and adjust their accessory portfolios accordingly. This compatibility challenge may restrict the market accessibility of certain accessories and introduce complexities in inventory management and distribution channels.
Augmented Reality (AR) Enabled Accessor Creates Future Opportunities for the Growth of the Market
As augmented reality technology becomes increasingly prevalent in mobile devices, there's a burgeoning opportunity for accessories that seamlessly integrate with AR capabilities. This includes AR-enabled phone cases equipped with built-in sensors or projectors, enhancing users' ability to interact with virtual objects.
Moreover, there's potential for AR-enhanced headsets or glasses that synchronize with mobile phones, delivering immersive gaming, navigation, or educational experiences. Manufacturers pioneering in this domain can tap into the growing demand for AR technology, offering accessories that unlock new dimensions of functionality and experience for mobile devices.
Competitive Landscape
The Israel mobile phone accessories market comprises various market players, such as Samsung Electronics, Apple Inc., Bose Corporation, Sony Corporation, Xiaomi Corporation, Google, Skullcandy, Amazon.com, Huawei Technologies Co. Ltd., Imagine Marketing Ltd, and others.
Israel Mobile Phone Accessories Market Key Segments
By Type
-
Battery
-
Headphone/Earphone
-
Portable Speaker
-
Charger
-
Memory Card
-
Power Bank
-
Battery Case
-
Protective Case
-
Smart Speaker
-
Screen Protector
-
Smart Watch
-
Fitness Band
-
AR & VR Headset
-
Mount & Stand
-
Cables
-
Selfie Stick
-
Pop-Socket
-
Car/Bike Holder
By Distribution Channel
-
Offline
-
Online
By Sales Category
-
Branded
-
Third Parties
-
White Labels/No Name Brands
By Sales Channel
-
Multi-Brand Store
-
Single Brand Store
By Usage
-
Android
-
iphone
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2023 |
USD 467.9 Million |
|
Revenue Forecast in 2030 |
USD 606.0 Million |
|
Growth Rate |
CAGR of 3.2 % from 2024 to 2030 |
|
Market Volumes in 2023 (Million units) |
15.0 |
|
Volumes Forecast in 2030 (Million units) |
23.9 |
|
Growth Rate |
6.2% |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Growth Factors |
|
|
Companies Profiled |
10 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
KEY PLAYERS
-
Samsung Electronics
-
Apple Inc.
-
Bose Corporation
-
Sony Corporation
-
Xiaomi Corporation
-
Google
-
Skullcandy
-
Amazon.com
-
Huawei Technologies Co. Ltd.
-
Imagine Marketing Ltd
At Next Move Strategy Consulting, we understand that insightful market research is the cornerstone of successful business decisions. That's why we employ a robust and multifaceted approach, combining various methodologies to deliver the most accurate and actionable data for our clients.
Research Landscape
We navigate the world of research with two primary approaches:
Qualitative Approach
Our qualitative research methodologies involve immersive techniques such as in-depth interviews, focus groups, and observational studies. By engaging directly with individuals and stakeholders, we uncover valuable insights that quantitative data alone may overlook.
Quantitative Research
In tandem with qualitative methodologies, NMSC leverages the power of Quantitative Research to provide a robust foundation of numerical insights. Through systematic data collection and analysis, we quantify patterns, preferences, and market trends, offering a comprehensive view of the business landscape.
Our quantitative research approach employs diverse tools, including surveys, experiments, and statistical modelling. These methodologies enable us to gather data from a large and representative sample, ensuring the statistical significance of our findings. By employing structured questionnaires and standardized data collection methods, we guarantee the reliability and validity of the information we present to our clients.
Quantitative research is particularly effective in measuring the prevalence of trends, assessing market size, and gauging the impact of various factors on consumer behavior. The numerical precision attained through this approach equips our clients with actionable insights, facilitating data-driven decision-making and strategy formulation.
Our Specialized Toolbox for Industry-Specific Market Research
We deploy a specialized arsenal of techniques tailored to meet your unique requirements. Here's a glimpse into our comprehensive toolbox:
Information Procurement
The stage entails acquiring market data or relevant information through various sources and methodologies.
Market Research Approach
We utilize both top-down and bottom-up approaches in market research analysis to achieve a comprehensive understanding of the market dynamics, leveraging the broad perspective of industry trends and macroeconomic factors alongside detailed insights from specific segments and individual companies.
Porters Five Forces Analysis
We conduct Porter's Five Forces analysis to evaluate the competitive landscape of an industry, providing us with insights into factors that affect profitability and strategic positioning.
SWOT Analysis
We conduct SWOT analysis to understand market trends, identify potential threats, capitalize on opportunities, and assess our strengths and weaknesses.
Forecasting
We utilize a forecasting model to predict future consumption by considering parameters like population, economics, regulations, market competition, drivers, constraints, technology, and pricing. We also employ statistical techniques such as multilinear regression, exponential smoothing, moving average, ARIMA, and Monte Carlo simulations for accurate predictions. In econometric forecasting, we analyzed short-term and long-term event impacts, attributing values based on regulatory frameworks, economic factors, and market events.
Frequently Asked Questions
Download Free Sample
Speak to Our Analyst
Related Blogs
Key Companies Holds the Market Share of Around 50 percentage in Electric Shaver Industry – Here is why
The global electric shaver market is growing at a compound a...
Comprehensive Analysis of Leading US Giants in the Prepaid Cards Market
The global prepaid card industry estimated to cross the mark...
Discover How Allstate and AXA Are Powering the Growth of the Extended Warranty Industry
According to NMSC analysis, the global extended warranty mar...
